Yearly Archives: 2022

What do sustainable certifications look like?

The focus on going green can save money, attract customers, and provide a new competitive advantage. In fact, research has shown that 84% of consumers seek a positive environmental commitment with the companies they do business with, and 80% of … Continue reading

Sonae Sierra launches new positioning

“Open mind, greater value” is Sierra’s new positioning, reflecting the Company’s ambition to expand its business into new areas, in line with its latest strategy. „Our new business strategy includes a renewed ambition for growth and requires the company to … Continue reading

Multi has signed leasing contract with tedi in poland

The retailer mix at the Multi Poland-managed shopping centre 3 Stawy in Katowice, Poland, has been bolstered with new tenant TEDi, one of several planned for this year. Since 2020 Multi has leased over 64 thousand sq m GLA in … Continue reading

TRISTAN SELLS BORDEAUX HYPERMARKET ASSET FOR €35 million

The Fund acquired the asset in late 2017, with operating partner F&A Asset Management, and repositioned it to deliver an attractive offering for the catchment. Works were conducted to improve the tenant’s operational efficiency, and a long term regear was … Continue reading

Hines Signs €50 Million Green Loan for Mixed-Use Property Preciados 13

The recently renovated complex is located at calle Preciados 13, Madrid’s main pedestrian street, recognized as one of the main shopping destinations in Europe, and lies on the corner of calle Maestro de Victoria. €12 million have been invested in … Continue reading

First Outlet in Brussels is planned for 2023

TORG added the project Tubize Outlet Mall (TOM) to its outlet portfolio. The 15,300 sq m outlet will be located in the heart of Belgium, 25 minutes South West of the city Bruxelles. It will be part of a new … Continue reading

BIG CEE acquires Delta City mall in Montenegro for €95 million

BIG Shopping Centers reports this morning that the subsidiary CEE-BIG BV, which is 95% owned by BIG, has signed an agreement to purchase Delta City mall located in Podgorica, Montenegro, at an agreed value of €95 million, of which €57 … Continue reading

Norblin Factory in Warsaw expands tenant portfolio

Norblin Factory is the flagship project of Capital Park Group and post-factory complex in Warsaw’s Wola district. It covers a total area of over 65,000 sq m, including 41,000 sq m of modern offices and 24,000 sq m adapted for … Continue reading

Christopher Raabe appointed to the Advisory Board of BNP Paribas Real Estate

The business graduate began his career with the company around 15 years ago – initially as a consultant in the Industrial Services department, and in 2010 he took over this area in the Hamburg branch. In 2014, he was appointed … Continue reading

Multi signs lease for new Primark store at Magnolia Park

The opening is planned for 2023, following a significant refurbishment and layout program to upgrade the shopping center. Since 2020, Multi Poland has leased over 64,000 sq m to new and existing tenants. Recent and major lease agreements include two … Continue reading

Citycon sells two non-core shopping centers in Norway for €145.4 million

“These divestments continue to follow Citycon’ s strategy to recycle capital out of non-core assets in order to narrow our focus on larger, grocery, and municipal service-anchored urban hubs with direct connection to public transportation and development potential,” says F. … Continue reading

New Management for Outlet Center in Montabaur, Germany

Philipp Dommermuth, Managing Director of FOG (owner of Fashion Outlet Grundbesitz GmbH & Co. KG ) explains: “We put the Covid-crisis behind us and are now optimistic for the future. Among other things, we are working on extending the sales … Continue reading

Tbilisi Outlet Village in Georgia is set to open in spring 2023

The outlet was developed by Georgian Outlets & Resort Group (GORG) in close collaboration with TORG International and 60% of the space is already leased. Barbara Horatz, Partner Retail & Marketing at TORG International says: “We felt hugely honored to … Continue reading

Mitiska REIM sells Polish retail park to AB Tewox

Located in the city of Wroclaw in Southwestern Poland, Retail Park Mlyn is a retail location with a gross leasable area of 10,567 sq m and offers free parking for 250 cars. The site is anchored by a Lidl supermarket, … Continue reading

Supersam Shopping Center in Poland gets transformed

Konior Studio, led by the Silesian architect Tomasz Konior, is responsible for the redevelopment project. The work should be completed in the fourth quarter of 2022. Most of the changes are to take place on the first floor, where more … Continue reading

OUT NOW: NEW ISSUE “SUSTAINABILITY”

Top-quality industry information is very important, especially in challenging times. Therefore, ACROSS will further expand its reporting, particularly in the online sector. You will find our publication dates for 2022 here. Benefit from our strong presence to further improve the … Continue reading

We are Ambassadors for Successful Retail Real Estate Investors

ACROSS: COULD YOU BRIEFLY DESCRIBE THE BUSINESS FIELD IN WHICH YOU ARE ACTIVE? KLAUS MENNICKHEIM: We are a boutique advisory firm for owners and asset managers of retail real estate. We operate across the European markets, with Germany being our core … Continue reading

What the industry expects from 2022!

Maxence Liagre, CEO of MPC Properties Credit: MPC Properties Recovery and rebirth “The year to come should be the year of full recovery and rebirth for the placemaking industry. For the first time over the last two years, we should … Continue reading

Nike Expands Store at LONDON DESIGNER OUTLET By 68%

The brand will take possession of a new unit, increasing its store size by 68% from 855 sq m to 1,440 sq m. Featuring the recently-launched Nike Unite concept – which helps locals connect more closely with sport – the … Continue reading

CBRE hires new Director for UK Retail Investment Team

Richard joins from Fawcett Mead, where he has spent the last seven years as a Director, focusing on the national retail investment market. Prior to this, he was a Director in JLL’s National Retail Investment team. He has over 25 … Continue reading

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